PARTHENON LLC — 13F Holdings & Portfolio

CIK 1088859 · latest 13F-HR filed 2026-04-28

PARTHENON LLC manages $874.7M in 13F-reported U.S. long-equity assets across 127 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are MSFT (9.64%), BRK.B (7.58%), GOOGL (5.16%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 0 new positions, exited 4, added to 38, and trimmed 48.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$874.7M

Long-equity book

Holdings

127

Distinct positions

Period

2026-03-31

Filed 2026-04-28

Q/Q Activity

+0 / −4 / ↑38 / ↓48

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • CORNING INC$11.2M +55.3%
  • EXXON MOBIL CORP$8.5M +40.2%
  • JOHNSON & JOHNSON$4.2M +16.7%
  • FASTENAL CO$3.3M +15.2%
  • WALMART INC$2.8M +10.9%
Show all 38

Top Trims

  • MICROSOFT CORP-$25.7M -23.3%
  • META PLATFORMS INC-$6.5M -14.5%
  • ICON PLC-$5.7M -39.3%
  • AMERICAN EXPRESS CO-$4.9M -19.8%
  • SALESFORCE INC-$4.8M -31.3%
Show all 48

New Positions

  • No new positions this quarter.
Show all 0

Exited Positions

  • TRACTOR SUPPLY CO$331.3K
  • EXPEDIA GROUP INC$223.8K
  • SCHWAB STRATEGIC TR$208.8K
  • ISHARES TR$201.8K
Show all 4
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 MICROSOFT CORP MSFT 594918104 $84.3M 9.64% 227,868 SH
2 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $66.3M 7.58% 138,348 SH
3 ALPHABET INC GOOGL 02079K305 $45.2M 5.16% 157,083 SH
4 META PLATFORMS INC META 30303M102 $38.7M 4.42% 67,643 SH
5 ALPHABET INC GOOG 02079K107 $32.4M 3.70% 112,836 SH
6 APPLE INC AAPL 037833100 $32.3M 3.69% 127,221 SH
7 CORNING INC GLW 219350105 $31.4M 3.58% 230,615 SH
8 EXXON MOBIL CORP XOM 30231G102 $29.7M 3.39% 174,820 SH
9 JOHNSON & JOHNSON JNJ 478160104 $29.5M 3.38% 120,839 SH
10 WALMART INC WMT 931142103 $28.1M 3.22% 226,440 SH
11 FASTENAL CO FAST 311900104 $25.2M 2.88% 543,072 SH
12 PAYCHEX INC PAYX 704326107 $22.7M 2.59% 246,323 SH
13 DOVER CORP DOV 260003108 $21.9M 2.50% 105,018 SH
14 AMERICAN EXPRESS CO AXP 025816109 $20.0M 2.29% 66,125 SH
15 PROCTER & GAMBLE CO PG 742718109 $19.2M 2.19% 132,802 SH
16 MERCK & CO INC MRK 58933Y105 $18.4M 2.10% 153,062 SH
17 BOOKING HOLDINGS INC BKNG 09857L108 $16.0M 1.83% 3,797 SH
18 PEPSICO INC PEP 713448108 $15.5M 1.77% 99,973 SH
19 CISCO SYS INC CSCO 17275R102 $15.4M 1.76% 198,090 SH
20 SCHWAB CHARLES CORP SCHW 808513105 $12.4M 1.41% 131,490 SH
21 JPMORGAN CHASE & CO JPM 46625H100 $12.3M 1.41% 41,938 SH
22 STRYKER CORPORATION SYK 863667101 $12.2M 1.40% 37,200 SH
23 LANDSTAR SYS INC LSTR 515098101 $10.7M 1.23% 66,909 SH
24 SALESFORCE INC CRM 79466L302 $10.5M 1.20% 56,355 SH
25 ATLANTA BRAVES HLDGS INC BATRK 047726302 $9.6M 1.09% 223,665 SH
26 VANGUARD INDEX FDS VOO 922908363 $9.0M 1.02% 14,995 SH
27 ICON PLC ICLR G4705A100 $8.8M 1.00% 79,203 SH
28 WATERS CORP WAT 941848103 $8.6M 0.99% 29,003 SH
29 CVS HEALTH CORP CVS 126650100 $8.1M 0.93% 113,371 SH
30 MONDELEZ INTL INC MDLZ 609207105 $8.0M 0.91% 138,378 SH
31 YETI HLDGS INC YETI 98585X104 $8.0M 0.91% 217,430 SH
32 HOME DEPOT INC HD 437076102 $7.6M 0.87% 23,098 SH
33 DISNEY WALT CO DIS 254687106 $7.1M 0.81% 73,666 SH
34 ISHARES TR IJR 464287804 $7.0M 0.80% 56,117 SH
35 PNC FINL SVCS GROUP INC PNC 693475105 $7.0M 0.80% 33,424 SH
36 CHURCHILL DOWNS INC CHDN 171484108 $6.5M 0.75% 72,654 SH
37 GE AEROSPACE GE 369604301 $6.3M 0.72% 22,204 SH
38 VANGUARD INTL EQUITY INDEX F VWO 922042858 $6.3M 0.71% 115,636 SH
39 MEDTRONIC PLC MDT G5960L103 $5.3M 0.61% 61,403 SH
40 VANGUARD TAX-MANAGED FDS VEA 921943858 $5.3M 0.61% 82,625 SH
41 PHILIP MORRIS INTL INC PM 718172109 $4.9M 0.56% 29,441 SH
42 HERSHEY CO HSY 427866108 $4.8M 0.55% 23,215 SH
43 COCA COLA CO KO 191216100 $4.7M 0.54% 61,690 SH
44 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $4.3M 0.49% 6 SH
45 MCDONALDS CORP MCD 580135101 $4.0M 0.45% 12,788 SH
46 ELI LILLY & CO LLY 532457108 $3.8M 0.43% 4,083 SH
47 ABBVIE INC ABBV 00287Y109 $3.3M 0.38% 15,215 SH
48 GE VERNOVA INC GEV 36828A101 $3.3M 0.38% 3,763 SH
49 VANGUARD INTL EQUITY INDEX F VPL 922042866 $3.2M 0.36% 32,429 SH
50 CLARUS CORP NEW CLAR 18270P109 $3.1M 0.36% 1,146,739 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-28 $874.7M 127 0001088859-26-000002
2025-12-31 2026-01-23 $926.7M 131 0001088859-26-000001